I will be sharing my time this afternoon with the member from Mississauga Centre.

Monsieur le Président, en tant que présidente du Conseil du Trésor, c’est un privilège de prendre la parole aujourd’hui dans le cadre de la troisième lecture de la Loi de 2024 visant à bâtir un Ontario meilleur (mesures budgétaires).

But before I begin, I’d like to acknowledge two bright young Ontarians, Colby Farrell and Noah Loreto, who are present with us today. Colby and Noah have joined my office as summer interns and I am delighted to welcome them to this third reading.

Speaker, members have already heard how this budget will deliver on our government’s plan to build.

Je tiens aujourd’hui à rappeler les actions concrètes et les mesures prudentes mises en oeuvre par le gouvernement pour bâtir une meilleure province.

First, no budget is delivered overnight. This is why it’s necessary to briefly outline the conditions, the context, that helps shape our plan.

Monsieur le Président, l’Ontario n’est pas à l’abri des soubresauts économiques mondiaux.

The province continues to deal with the very real ramifications of considerable inflation, global instability and high interest rates.

Il ne s’agit pas là de simples problèmes d’ordre macroéconomique. Nous parlons ici de véritables problèmes qui ont une incidence sur la vie quotidienne des Ontariennes et des Ontariens qui travaillent dur, and these are challenges that must be addressed directly by the government in its fiscal planning.

C’est pourquoi je me réjouis que, dans ces circonstances, le gouvernement tienne son engagement de continuer à bâtir pour l’avenir.

Speaker, now is the time to meet these economic challenges head-on: actions such as targeted investments to build more homes to accommodate our growing population; actions like attracting good-paying jobs in growth industries; and actions like making sure that there is more money in Ontarians’ pockets by keeping costs down for families.

Le budget de cette année est soigneusement équilibré.

It calls for significant investments in infrastructure without raising taxes. It includes investments in new highways and roads like the Bradford Bypass, which the great people of my riding of York–Simcoe have been asking for for almost 50 years.

Speaker, our budget goes beyond roads and highways. It also represents the largest public transit expansion in North America, all without increasing taxes. And why are we doing that? Because in these challenging times, it would be unfair to impose additional burden on the people of this province.

Le gouvernement a le devoir de présenter aux familles un plan responsable, transparent et rationnel pour l’avenir. C’est ce que fait le budget de 2024.

It adopts a long-term perspective on our future.

Il tient compte du fait que la population ontarienne devrait enregistrer une nette croissance au cours de la prochaine génération.

Of course, this is a great compliment to the place that we all call home. I believe, Speaker, that it can also be seen as a vote of confidence about where this province is headed. But the expected increase in population is not without its own challenges. It means that the status quo just won’t cut it.

L’Ontario a besoin de plus de logements, de meilleurs moyens de transport en commun, d’infrastructures municipales améliorées, ainsi que de services efficaces dans les domaines de l’éducation et de la santé.

Ontario needs to provide for all of its people, today and tomorrow. There’s a great deal to cover in this budget, so I will not be exhaustive, but I would like to point out a few highlights.

Tout d’abord, le gouvernement investira plus de 190 milliards de dollars au cours des 10 prochaines années pour construire des infrastructures essentielles, comme celles servant pour le transport en commun, l’élargissement des routes ainsi que l’amélioration de la couverture des services Internet haute vitesse.

There is $1 billion of investment in the new Municipal Housing Infrastructure Program. This funding will help municipalities get shovels in the ground on critical infrastructure that is so needed to increase housing stock across the province. Cities and towns have been asking for this funding to unlock more housing. Our government listened. As well, the budget calls for an investment of $825 million in municipal water infrastructure projects.

Le budget comprend également les premiers investissements dans le Fonds pour l’accélération de la construction. Ce nouveau programme triennal de 1,2 milliard de dollars comprend un nouveau soutien financier majeur accordé en fonction des résultats qui sont obtenus par rapport aux objectifs provinciaux établis en matière de logement.

Speaker, this new fund will ensure that more municipalities have the tools they need to build homes faster, to help alleviate the affordability crisis in housing across our province.

Monsieur le Président, l’accent mis sur les transports est un autre pilier essentiel de ce budget.

Gridlock costs this province every single day of the year. People need to spend more time at their destinations and less time in their cars. That’s why the government is making significant investments in projects like the Bradford Bypass and the new Highway 413. As well, the government is expanding existing highways, like Highway 7 and Highway 401.

But it’s not just about car traffic. The budget also calls for significant improvements in GO train and GO bus services to create cohesive and comprehensive transit across the province, and includes the long-overdue restoration of passenger rail service to northern Ontario.

La concrétisation de cet investissement représente la plus importante expansion du transport en commun en Amérique du Nord.

Speaker, I mentioned how the budget will also keep costs down and keep more money in the pockets of Ontarians. I’d like to highlight a few initiatives that will do just that.

À travers tout cela, le gouvernement maintient son engagement d’accompagner les collectivités les plus vulnérables de l’Ontario.

This includes our low-income seniors, those of us living with addiction and mental health challenges and the many who are dealing with inconsistent housing.

The budget also highlights changes in the Ontario Electricity Support Program that will make electricity more affordable for thousands of low-income families. As well, the government has already proposed the extension of the existing gasoline and fuel tax rate cuts until December 21 of this year. That’s 10 cents off at the pumps, Mr. Speaker. This will put more money in the pockets of drivers at a time when they need it most.

With this aim in mind, the government is proposing to freeze fees on drivers’ licences and ban any new tolls on new and existing provincial highways.

Monsieur le Président, les économies réalisées grâce à ces initiatives sont à 66 millions de dollars au cours des cinq prochaines années. Nous faisons ainsi économiser de l’argent aux familles.

In closing, I’d like to emphasize that this budget is a great example of the balanced, responsible and careful approach that our government is taking as we look towards the future.

Le gouvernement procède à des investissements judicieux dans le logement et l’infrastructure, pour soutenir une province qui est en pleine croissance. De plus en plus de gens élisent domicile ici en Ontario.

At the same time, the government is protecting the most vulnerable amongst us and keeping costs down despite economic pressures.

Le gouvernement a mis de l’avant un plan robuste—a plan that supports the contention that Ontario is the best place to raise a family, the best place to work and the best place to live.

Thank you for the time today, Speaker.

I respectfully ask that all members support the Building a Better Ontario Act, 2024.

Thank you to the member from Mississauga–Malton for the great question. We cannot afford to delay much-needed infrastructure investments. More delays equal more gridlock.

Our Premier is leading an ambitious plan to deliver the right balance of public transit and road infrastructure projects to keep pace with the demands of today and the future. Over the next 10 years, we’re investing more than $25.1 billion to support the planning and construction of highway expansion and rehabilitation projects across the province. As part of these efforts, we’re getting on with the building of new highways, like Highway 413 and the Bradford Bypass, and we’re finishing long overdue projects like the expansion of Highway 7 between Kitchener and Guelph and the Highway 3 widening between Windsor and Leamington.

Speaker, it’s not enough just to talk about building a better future. Under our PC government, we are getting it done.

Our government is building both. For every dollar that we are spending on highways, our government is spending three more to build transit. Over the next 10 years, we’re investing more than $61 billion to expand and build new transit alone. This includes the largest plan for subways built in Canadian history and delivering on our government’s mandate on two-way, all-day 15-minute service across core segments of the GO network. Expanding our highway and transit networks together will allow us to pave the way for a future that offers more transportation options and less gridlock for commuters, all while creating thousands of good-paying jobs in communities right here at home.

Speaker, the wheels are in motion. The government is getting it done.